Agency
In Michigan, the term 'buyer beware' (caveat emptor) has been significantly limited by:
AMichigan's Occupational Code licensing requirements
BMichigan's Seller Disclosure Act and agents' mandatory disclosure obligations✓ Correct
CFederal Fair Housing Act requirements
DMichigan's Statute of Frauds
Explanation
The traditional caveat emptor doctrine (buyer beware) has been substantially eroded in Michigan by the Seller Disclosure Act (requiring sellers to disclose known defects) and by agents' mandatory disclosure duties, shifting more responsibility for disclosure to sellers and agents.
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